Aug 27, 2024
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12 min read
Dow closes at new record high, Fed likely to cut rates by quarter point, Apple announces iPhone event, OpenAI supports California AI bill requiring 'watermarking', and SpaceX to launch billionaire on first-ever private spacewalk...
Aug 26, 2024
Jerome Powell says the magic words, sales set to double for Nvidia, job market may be near tipping point, NASA snubs Boeing for SpaceX, and Telegram app CEO arrested in France...
Aug 23, 2024
13 min read
Markets eagerly await Powell’s rate cut hints, Uber partners with Cruise to offer driverless rides, Peloton shares soar 35%, Ford steps back from EVs, and next big test looming with Nvidia’s profit report...
Aug 22, 2024
US jobs growth far weaker than thought, Fed minutes show a September cut ‘likely’, analyst resets Nvidia stock price target before earnings, dollar doldrums deepen, and Chinese banks suddenly become market darlings...
Aug 21, 2024
FTC ban on worker noncompetes blocked by Federal judge, bond traders amassing historic level of risk on rate-cut bets, analysts reset AMD stock outlooks, BMW recalls over 720K vehicles, and Shein sues Temu over copyright infringement...
Aug 20, 2024
14 min read
SEC fines Carl Icahn, AMD is going after Nvidia with a $5 billion acquisition, Harris proposes raising the corporate tax rate to 28%, Gold bars are worth a million dollars for the first time, and Trump says he would offer Elon Musk a Cabinet slot...
Aug 19, 2024
All eyes on the Fed at Jackson Hole, Kamala Harris adopts populist economic agenda, Goldman cuts US recession risk, US ports absorb import surge nearing pandemic-era frenzy, and Florida man spends his GameStop riches to build $132M JetBlue stake...
Aug 16, 2024
Quants poised to unleash a wave of cash in stock market, surprise jump in retail sales quells recession fears, Newsom calls for new oil refinery mandate, TikTok ‘finfluencers’ accurately called the AI rally, and Las Vegas casino accused of hosting criminals...
Aug 15, 2024
CPI ‘checks the box’ for Fed cuts, here’s the inflation breakdown for July, two alarming signs of recessions emerge, Berkshire discloses surprise stake in Ulta Beauty, and WeRide gets approval to carry passengers in California...
Aug 14, 2024
DOJ mulls Google breakup push, Starbucks orders a new CEO at Chipotle, US producer inflation slows, today’s CPI expected to hold steady, and UAW accuses Trump, Musk of trying to intimidate workers...
Aug 13, 2024
Wall St mixed ahead of economic data, Trump calls for presidential influence on Fed policy, Musk pitches role for himself in Trump White House, GM cuts jobs in China, and S&P and Moody's downgrade JetBlue ...
Aug 12, 2024
11 min read
CPI report set to test the market, carry-trade blowup haunts markets, bonds are back as a hedge, investors snap up money market funds, and CrowdStrike accepts award for ‘most epic fail’...
